10/9/1887 · MORTGAGE DISCHARGE · book 11 page 29 doc 4731

29 & B. Browning bond of say a 1st date with interest at the rate of seven per centum per annum payable annually till said principal sum is paid, whether at or after maturity, and all installments of interest in a year, whether before or after maturity by payment of the first aforesaid till paid. If however I the said mortgagor or my heirs, executors, administrators or assigns or any person or persons of me or them shall fail to pay any installment together with the interest thereon according to the tenor thereof then this deed shall be void, and null, and void, and null, and void, in full force and effect. I further do the said grantee do hereby constitute and appoint the attorneys and agents, and my attorneys are revocable, with full power of substitution and revocation for me and in my name or in his or others name or names at any time, in case default shall be made in the payment of any mortgage note or of the annual interest due thereon, and such default shall continue for thirty days next following the date of such expiration of payment of said sum of ten days during thirty days after the first some one of the said mortgage notes shall have fallen due in this state and in my name or in his or others name or names to make, present, seal, acknowledge and deliver to the purchaser or fillers thereof all such deed or release that may be necessary to convey in such purchaser or whoever shall have a full and absolute title after simple selling, void or sale thereof title, several times running such sale my attorney powers to continue or altering any such sale from time to time I also authorize my said Grantee, to receive the amount of the same may be sold for, and after the payment of all the expenses incurred to such sale or sales and after the apportionment of the residue of the payment of the amount of the principal of any installment of same note weekly listed, I hereby agreeing that in case of a sale for default the payment of said annual interest the principal of my said note shall be deemed paid once and for all in the day of such sale accounting to me or my heirs and assigns for all such sum and above the amount thereof I hereby ratifying a confirming and conforming such sale or sales as may be made or caused to be made for my right heirs. In witness whereof we have hereunto set our hands and seals this 29th day of December in the year of our lord one thousand eight hundred and eighty one, as aforesaid, sealed and delivered In presence of George B. Coons Daniel B. Wright Stephen Nelson L. S. Elizabeth Nelson L. S. State of Rhode Island and Province of [illegible] In Charleston on this 29th day of December AD 1881 then James Nelson appeared personally before me appeared before me and acknowledged the foregoing instrument by him signed to be his free and voluntary act and deed George B. Coons Town Clerk Received for record Jan 5th 1882 at 10 o clock AM and recorded by George B. Coons Town Clerk Charleston R.I. Oct 9 1887 Having received full payment & satisfaction of the debt incurred by the within mortgage both principal & interest I hereby cancel & discharge the same Witness my hand and seal Stephen B. Browning In presence of G. B. Coons